ATLANTA, June 12, 2018 (GLOBE NEWSWIRE) -- Sage (FTSE:SGE), the market leader in cloud business management solutions, today announced the general availability of new product updates, certification, and agreements that help organizations address the Health Insurance Portability Accountability Act (HIPAA) and the EU General Data Protection Regulation (GDPR) compliance requirements. These updates are now generally available as part of Sage Intacct 2018 Release 2, a solution available in Sage Business Cloud.

New HIPAA Compliance SupportOrganizations that must adhere to HIPAA requirements can now use Sage Intacct’s financial solutions to ensure the proper tools, security, and agreements are in place to support compliance. The new Sage Intacct 2018 Release 2 offers:

-- A new advanced audit trail, allowing companies to monitor and audit access to protected health information (PHI) in support of HIPAA requirements. -- HIPAA and HITECH certification by Sword and Shield, so organizations can trust that PHI is protected by appropriate security. -- A full commitment to meet HIPAA compliance requirements, where Sage Intacct will now sign a Business Associate Agreement with eligible healthcare clients.

“Sage Intacct’s customers must act as stewards of data that is increasingly subject to privacy regulation. Our latest quarterly product update provides the tools to help their business comply with HIPAA and the new GDPR regulations,” said Dan Miller, VP of Product for Sage Intacct. “Beyond new product functionality, we’re also demonstrating our commitment to our customers that must adhere to HIPAA requirements by signing a Business Associate Agreement and certifying our solution with Sword and Shield.”

More information about how Sage Intacct capabilities for Healthcare companies can be found here.

New GDPR Compliance SupportThe new EU General Data Protection Regulation (GDPR) requires US-based organizations that do business with the EU—or even have a web presence to market their products to customers in the EU—to make sure their current procedures for handling the personal data of individuals in the EU are in line with the GDPR’s requirements. Sage Intacct now has a data obfuscation tool to assist its customers in managing personal data in their financial records.

AvailabilitySage Intacct 2018 Release 2 is now generally available from Sage Intacct and its network of channel partners. Sage Intacct is part of Sage Business Cloud, a powerful set of cloud products to manage accounting and financials, operations, people, payroll, and payments.

To learn more about the capabilities of Sage Intacct, attend a Coffee Break Demo.

About SageSage (FTSE:SGE) is the global market leader for technology that helps businesses of all sizes manage everything from money to people – whether they’re a start-up, scale-up, or enterprise. We do this through Sage Business Cloud – the one and only business management solution that customers will ever need, comprising Accounting, Financials, Enterprise Management, People & Payroll, and Payments & Banking.

Our mission is to free business builders from the burden of admin, so they can spend more time doing what they love – and we do that every day for three million customers across 23 countries, through our 13,000 colleagues and a network of accountants and partners. We are committed to doing business the right way and giving back to our communities through Sage Foundation. Find out more at www.sage.com/en-us.

Sage Intacct and the Sage Intacct logo are trademarks or registered trademarks of Sage Intacct, Inc. and/or its affiliates. Other company and product names mentioned herein may be trademarks of their respective owners.

Press Contact:Peter OlsonSage Intacct408-878-0951 polson@intacct.comhttps://www.twitter.com/PeterOlsonPR